Has the stock market peaked?

[Deleted User]

A lot can change in an hour and I have spent all the cash now, leaving just £120, made some large value purchases

Bought some pharma and others and added to an outsider called hostel world (HSW) so now have a decent stake in that one. It is cash generative and I always like that, it was floated in october. Portfolio is now 62% defensive and I can get on with my knitting.

I have 17 stocks and there might be a santa claus rally but that would be the icing on the cake

TheTracker

Since 1900, the S&P 500 Index has been within 5% of its prior peak almost half the time.

Sam_J12

No, equities have not peaked. Any money you want to invest for the long term, just shovel it in to the developed markets and you will make a decent return as always.

[Deleted User]

11 stocks in profit, 6 others down but one not counted as long term hold. 18k paper profit since friday, am happy.

ChesterDog

Kittie, what is your total return percentage thus far for the year, net of trading costs, please?


Curious to see how this year compares to my own 'leave it alone' portfolio.

[Deleted User]

Its impossible CD, I never keep paper records and the sipp is in drawdown. Changed circumstances a few months ago for me and have drawn biggish sums out, besides which I have traded in over 67 stocks in the last 8 years. Just suffice it to say that I am more than happy with the portfolio. 22k up since friday. Records on individual shares are kept on the graphs

Target is 6300 for ukx and going through that should bode well. This time 12 months ago ukx was 6766 and is 6146 today so any ukx tracker would be suffering if held intact over the year. It would have been sensible to have sold in early may when ukx was 7099 and bought august to october when ukx was around 5900. I have no idea what the future holds for ukx, so, for me, taking a profit when I think is appropriate is me being cautious as befits a sipp in drawdown, which I want eventually to pass onto my children and grandchildren besides providing me with a comfortable old age

grey_gym_sock

can you not look up:
- value of SIPP at start of year
- value of SIPP now
- total amount withdrawn during the year
?

that doesn't give you the exact rate of return, because that depends on when the withdrawals were made, but it would give some idea.

and actually, if you have the exact dates and amounts of every withdrawal, you can use that to calculate a rate of return (e.g. using IRR in excel). you don't need data about trades to do this.

if you don't measure what you're doing in some way, you can't tell whether all this trading activity is adding value.

ChesterDog

Grey Gym Sock's last sentence is much what I was thinking, Kittie.

I am certainly not about to dismiss the importance of being happy with what you are doing and with your profits as they come, but data and evidence could reinforce your happiness or perhaps show that all that work is unneccesary or even detrimental.

Would be useful and very interesting to see.

Edit: For comparison, my leave-it-to-cook portfolio is showing about 6% for the year to date (sideways since April).

[Deleted User]

grey_gym_sock wrote: »

if you don't measure what you're doing in some way, you can't tell whether all this trading activity is adding value.

of course I can tell but have no wish to publish anything including % ages. I may be a knitting granny but I also have a degree in physics so can do the maths. I was just sharing a few things but am now withdrawing. Just wanted to mention my methods and the fact that you don`t have to be a sheep or to hold funds and trust in a fund manager

Good luck to all of you, I hope you achieve what you want

EdGasket

kittie wrote: »

of course I can tell but have no wish to publish anything including % ages. I may be a knitting granny but I also have a degree in physics so can do the maths. I was just sharing a few things but am now withdrawing. Just wanted to mention my methods and the fact that you don`t have to be a sheep or to hold funds and trust in a fund manager

Good luck to all of you, I hope you achieve what you want

Told!

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Kittie, if what you say is true then you have achieved what I've been trying to do for about the last 40 years without success except in the 1980-2000 bull market.